There are more than 5 million men and women who serve as investment fiduciaries. In turn, the 5 million manage more than 80% of the nation’s liquid investable wealth. As critical as their function is to the fiscal health of the nation, not a single federal or state agency provides education, training or process to the 5 million.
An Investment Fiduciary is someone who is managing the assets of another person and stands in a special relation of trust, confidence, and/or legal responsibility. An Investment Steward is a type of Investment Fiduciary and is defined as someone who manages investment decisions, such as trustees of personal trusts; members of investment committees of retirement plans, foundations, and endowments; and investment consultants.
Financial planners who are ultimately responsible for the prudent management of investment decisions may be investment fiduciaries. Financial planners who provide investment advice should review the services they are providing to determine whether the planner could be considered to have a fiduciary responsibility for the management of their clients’ investment decisions.
If you are a Financial Planner making or recommending investment decisions to your clients, join us for the presentation which will help you in three main areas:
1. Understanding your role in the investment process and answering the question of whether or not you are an Investment Fiduciary.
2. Formalizing your investment process so it meets a Fiduciary Standard of care.
3. By formalizing your process, create better, more definable long-term results for your clients and maximize efficiency for you and your staff.
When
Thursday, March 16, 2006 from 8:00 AM - 11:00 AM (ET)
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